Reuters Money: January 5, 2017

Click to View in Browser Thursday, January 5, 2017 Column: Older Americans at risk as Congress takes ax to Obamacare CHICAGO (Reuters) - Anyone nearing retirement - or already retired - should pay very close attention to the doings of the 115th Congress that was sworn in this week. N.Y. pension fund manager pleads not guilty to pay-to-play scheme NEW YORK (Reuters) - A former portfolio manager at New York state's retirement fund pleaded not guilty on Wednesday to charges that he steered $2 billion in trades to two brokerages in exchange for bribes that included vacations, cocaine and prostitutes. Podcasting precursors: Hay baling, chopping onions and waiting tables NEW YORK (Reuters) - It might not make a lot of sense to our grandparents, but today's media superstars are not necessarily big-screen actors or anchors of the evening news. U.S. stock ETFs collect record cash in December: TrimTabs (Reuters) - Investors stormed into equities in December, pouring a record $59.9 billion into U.S.-based domestic stock exchange-traded funds, TrimTabs Investment Research said on Wednesday.  Investors hold fewest net shorts on U.S. Treasuries since November: JPM NEW YORK (Reuters) - The margin on bearish bets on longer-dated U.S. Treasuries over bullish positions shrank to its smallest since late November as bargain-minded investors emerged after the recent bond market selloff, a J.P. Morgan survey released on Wednesday showed. BlackRock's U.S.-based active funds post record 2016 withdrawals: Morningstar NEW YORK (Reuters) - Investors pulled $19.3 billion from BlackRock Inc's U.S.-based actively managed mutual funds in 2016, Morningstar Inc estimates showed on Tuesday, a record high as the investment industry struggles to restrain an exodus to lower-cost investments. DoubleLine Total Return bleeds $3.5 billion, biggest monthly outflow ever NEW YORK (Reuters) - The DoubleLine Total Return Bond Fund posted a net outflow of $3.5 billion in December, its biggest one-month withdrawal ever, data from research firm Morningstar showed on Tuesday. Wall St. thinks stocks will rise in 2017 - What could go wrong? NEW YORK/SAN FRANCISCO (Reuters) - Wall Street's rally could be derailed by renewed worries about President-elect Donald Trump's policies, a resurgent dollar or potential wild-card events like cyber attacks or a trade war, investors say as they look to 2017. Bankers cautious on outlook for global equity deals after 2016 slide LONDON (Reuters) - Global equity raising fell by more than a quarter in 2016, data showed on Friday, hit by geopolitical shocks and a string of failed initial public offerings (IPOs), with the outlook for 2017 looking shaky. New York eases proposed cyber regulations after industry complaints (Reuters) - New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying implementation by two months to March 1. Related Video Why Peter Costa doesn't care about Dow 20k Wall Street climbs; Fed minutes confirm inflation jitters Related News Wall St. set for first day of lower open in 2017 Jobless claims fall to near 43-year low Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook